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Re: Guy Tann: Data Vendors



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Neal, 

First time I have heard of Dow Theoretical.  Got a not to nice reply from
Primate, and still do not know how it is calculated or why theoretical
would be used/preferred.

Al Taglavore

----------
> From: Neal Hughes <neal@xxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Guy Tann: Data Vendors
> Date: Wednesday, March 17, 1999 5:21 PM
> 
> 
> Alan & Guy,
> 
> I've not checked whether the DOW Theoretical crossed 10,000 several
> times recently, so can't verify your data.
> 
> But many traders do not know the difference between
> the DOW THEORETICAL and DOW PRINT quotes...
> 
> They are not the same. What I'm saying is that there is more than
> one DOW quote, and they differ... For my purposes, I prefer
> DOW PRINT to DOW THEORETICAL. Many newspapers/vendors etc use
> DOW THEORETICAL, which is a bogus number.
> 
> -Neal.
> 


> Neal on the 'net.
> Trade well. Train hard.
> http://www.halcyon.com/neal/